REGISTERED NU)L IBER: 018115968 (England and Wales) BEDWELLTY AGRICULTURAL SOCIETY LIMI ITED REPORT OF THE DIRECTORS AIID FINANCIAI. STATF.hlF.NTS FOR THE YE.4R EI%DED30TH SEvfEMBER 2023 Green & Co Chartercd Certified Accountsnts Pembroke House LlaDtarnam Park Way Torfaen NP44 3AU BEDWELLTY AGRICULTUIi4L SOCIETY LIMITED (REGISTERED NUMBER: 018059681 CONTENTS OTr THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 Page Company Information Report of the Directors Chartered Certified Accountants, Report Profif and L055 BAl#nee Sheet Notes to the Finanf 1*1 Statements Detailed Ineome and Expenditure Account BEDWELLTY ACRtCULTURAL SOCIETY LIMITED C()MPAISY INTr-OKM.4'1'1()N FOR THE YEAR ENDED 30TH SEPTEMBER 2023 DIRF.CTI)RS: L S Portlock J Ci S Davies A J Edwards B F Davies T G Davies REI:ISTERED OFFICE: Si Albans l.lang11h Road Pontllanfraith Blackwood NP12 ILG RkGIS'I'b'.RTr,D i%UMBF.R: 01805968 IF,nglalld and Wales) ACCUUN'fAP*TS: Gi'¢¢n & Co Charlcr¢d Certified A¢countanLs Penibroke House Lldnlarnam Park Way Cwmbran Torfacn NP44 JAU Page I BEDWELLTY AGIUCULTURAL SOCIETY LIMITED (REGISTERED NUI¥IBER: 01805968) RLPURI. OF. I'HE DIRTr:CTORS FOR THE YEAR E)DED 30TH SEPTEIIBER 2023 The direciors preqent their reN)rt with the financial ststements of the company for the year ended 30th September 2023. DIRECTORS The directors shown below have held office during the whole of the wiod from 1st Ociober 2022 to the date of this report. L S Portlock J G S Davies A J Edwards B F Davies T G Davies This rewTrrt has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating ￿ small companies. ON BEHALF OF THE BOARD: Jci a%'ies- DiTc¢ior 28th March 2024 Page 2 CHARTERED CERTIFIED ACCOUNTAYTS, REPORT TO THE BOARD OF DIRECTORS ON TIIE LNAUDITED FINAP*CIAL STATEMTr.%TS OTr BEDWELLTY AGRtCULTUIL4L SOCIETY LI.MITED n order to assist you to fulfil your duties under the Companies Act 2(M)6, we have prepared for your approval the finan¢ial statements of B¢dwellty Agriculnwal Society Limited for the year ended 30ih Sepiember 2023 which comprise the Profit and Loss. Balance Sheet and the related notes from the company's accounting records and from infonnation and explanations you have given us. As a practising member rim) of ihe ASs￿latIon of Chartered Certified Accountants, we are subject to its ethical and oiher professional requirements which are de￿lled ai http=Ilwww'.accaglobal.com/rulebook. This report is made solely io the Board of Direc￿Ts of Bedwellty Agricultural Society Limited, as a body, in accordance with our temis of engagemeni. Our woJ* has been undenaken solely to prepare for your Approval the financial sthtem¢nis of Bed￿'¢lIty Agricultural Socicry Limitcd and sthte those maiters that we have agreed to stsie io the Board or t)ircc¢ors of Bcdwcllty Agriculturnl Society Limite¢l as a body. in this report in accordan¢¢ with the requirements of ihe A&8ociation of Chartered Certified Aceountants as dctailcd at http'.Ilwww.accaglobal.comlfactsheetl 63. To the fullesi exieni I￿ni￿ed by law, we do not a¢e¢pt or assum¢ responsibility lo anyonc oth¢r than the company and its Board of Directors, as a body, for our work or for this report. li is your duty lo ensure ihal Bedwelliy Agricultural Society Limiied has kep¢ adequate accounting records and 10 prepare stamiory financial stsiements ihai gil'e a irue and fair view of ihc assets, liabiliiics, financial position and profit of Bedwcllry Agriculturdl Society Limiied. You consider that Bedwellty Agricultural Society Limited is exempi from the Sthiulory audit requirement for the year. Wc have not b¢¢n instNcied (o ca￿Y out an audii or 8 review of the financial statenien¢s of Bedw¢lliy Agricultural Society Limited. For ihis rcason, we have noi verified the accuracy or ¢ompleieness of the accounting records or inforniation and explanations you have given to us and do noi. thcrefore, expr¢.qq any opinion on the stotuwry financial statements. Green & Co Chartcrcd Certified Accounw]ts Pembrok¢ House Llaniarnam Park Way Cwmbran Torfaen NP44 3AU 28th March 2024 This page does not fomi pan of th¢ ststutory fitwicial statements Page 3 BEDWELLTY AGRICULTURAL SOCIETY LIIIIITED (REGISTERED fiUMBER: 01805968) PROFIT AND I.OSS FOR THE YEAR ENDED 30TH SEPTE.MBER 21123 2023 2022 Notrs TURP*OVER 28,185 25,465 Administrative cxpcnses (24.430) (19,4931 OPERATING SURPLUS 3.755 5,972 Interest receivable and similar income 19 SURPLUS BkTrORE TAXATIO 3.774 5,972 Tax on surplus SURPLUS FOR THF. FINAYCIAL YEAR 3.774 5,972 The notes forni part of (hes¢ financial swemeDts Pagc 4 BEDII'ELLTY AGRICULTURAL SOCIETY LI￿lITED (REGISTERED NU.MBER: 01805968) BAI.ANCF. SHF.F.T 30TH SEPTEIIBER 2023 2023 2022 FIXED ASSETS Tangible assets 5,938 6,155 CURRENT ASSETS Debtors Cash a( bank and in hand 1.073 21,325 482 16,164 22.398 16,646 CRF,DrroRS Arnounts talling duc within onc year 3,021 1.260 NET CURREYT ASSETS 19,377 15.386 TOTAL ASSETS LESS CURRF.NT LIABILITIES 25,315 21,541 RESERVES Income and expenditure account 25.315 21,541 ME￿IBERs, FUE*DS 25,315 21.541 The company is eniitlcd to exemption from audit under Sectton 477 of the Companies Act 21M)6 for the year ended 30th S¢pte¥nber 2023. The members have not rcquired the company to obthin an audit of its financial statements for the year ended 30th September 2023 in accordancc with Section 476 of the Compani¢s Act 2(K)6. The directors acknowledge their responsibilities for. la) ensuring that the company keeps accouniing records which comply with Sections 386 and 387 of the Compallies Act 2(M16 and (b) prcparing financial s(a(emenis which givc a tru¢ and fair view of the state of affaits of the company as at ihe end of Cach financial year and of its surplus or dcficit for each financial year in accordance wit]i the requirctn¢nts of Sections 394 and 395 and which othen¥ise comply with the require￿¢￿ts of the Compani¢s Act 2006 relating to fu￿ncial slalcm¢nts, $0 far as applicable to the company. The financial statcmcnts have been prepared in accordance with the pmvisions applicable to companies subject io thc small companies regime. Thc financial statements were approNcd by the Board of Directors and authorised for issue on 28th March 2024 and wcr¢ signed on its behalf by.. J G S Davies- Director The no*s fomi part of these fuwicial slatements Pagc 5 BEDWELLTY AGRICULTURAL SOCIETY LIMITED (REGISTERED NUMBER: 01805968) NUTES TU I'HE TrINANCIAL SI'AI"LMLN'I'S FOR THE YEAR EINDED 30TH SEPTEIWIBER 2023 ST.4TUTORY I￿,FoRmATIoN Bedwellty Agricultural Society Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on thc Company Inforniation page. ACCOUNTING POLICIE,S Basis of preparing the financial $tatement$ Thcsc financial statcments havc bccn prepared in accordance with Financial Reporting Standard 102 "Thc Financial Reporting Stajidard applicablc ill the UK and R¢i)ublic of Ir¢land" including the provisions of Se¢iion IA SIi)dll Entities" and the Cumpanies Act 2000. The financial btdtcmcnts have been prepared under the historical cost convention. Turnover Turnoi'er is measured at the fair value of thc considcration rcccived or rcceivable, excluding discounts, r¢bat¢s, value added tax and other sales taxes. Tangible fixed assets Deprcciation is provided at the following annual rates in order to write off each asset over its estimatcd useful life. Plant 2nd tn2chiiiery IOO/o on cost EMPLOYEES AND DIRECTORS The average number of employees during the year was NIL (2022- NIL). OPEIL4TING SURPLUS The operating surplus is statsd after charging.. 2023 2022 Dcpr¢¢iation- owncd assets 1,077 991 Page 6 continued... BEDWELLTY AGRICULTURAL SOCIETY LIMITED {REGISTERED fiUMBF.R: 01805968) NOTES TO THE FINA￿CIAL STATF.MENTS- eontinlled FOR THE YEAR ENDED 30TH SEPTEMBER 2023 TANGIBLE FIXED ASSETS Freehold Pi'operty Plant and machinery Totals COST At I st Octob¢T 2022 Additions 4,132 14,852 860 18,984 860 At 30th September 2023 4,132 15,712 19,844 DEPRECIATION At I si Octobcr 2022 Charge for year 4,132 8,697 1,077 12,829 1,077 At 30th September 2023 4,132 9,774 13,906 NET BOOK VALUE At 30th Scptcjnbcr 2023 5,938 5,938 At 30th September 2022 6,155 6,155 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade d¢btOTS Prepayments and accrud incomc 600 473 482 1,073 482 CREDI'I"ORS: A￿lOurITs FALLJf4G DUE WITHIN ONE YEAR 2023 2022 Tradc crcditors Accrned expenses 2,330 691 1,260 3,021 1,260 LIMITED BY GUA114NTEE In accordance with the Articles of Association the numbcr of ordinary members is limited to 24 and the limit of their liabiliiy in the event of the company being wound up is £5 for each Sh￿¢. Page 7 BEDII'ELI.TY AGRICULTUIiAL SOCIETY LIMITED (REGISTERED NU.MBER: 018059681 DETAILE:D INCONIF. .4NI) F.XPF.NDITURF. ACCOLINT FOR THE YEAR E,NDED 30TH SEVtE,IIBER 2023 2023 2022 TuTnover Donations & sponsorship Trade stands & franchises Entry fees Fundraissng Catalogue income Gate money & car park Membership fees Unclaime